Insurance changes affect seniors
The first relates to the way companies sometimes hold, rather than pay out, life insurance proceeds after an insured person dies. The second relates to a precedent-setting lawsuit against an insurance agent who sold an annuity to a senior with dementia
A.M. Best Affirms Ratings of Athene Annuity & Life Assurance Company and Its Subsidiary
A.M. Best Co. has affirmed the financial strength rating of B++ and issuer credit rating of “bbb+” of Athene Annuity & Life Assurance Company , formerly Liberty Life Insurance Company.
The Penn Mutual Life Insurance Company Worth Survey Shows Women Worry More But Plan Less For Long-Term Financial Goals
Results of a new survey of American adults, released just days before Mother’s Day by The Penn Mutual Life Insurance Company, suggest that women in true caretaker fashion worry about financial matters big and small but tend to act more on the immediate concerns of family and household. (PRWeb May 10, 2012) Read the full story at http://www.prweb.com/releases/2012/5/prweb9495461.htm
A.M. Best Upgrades Ratings of Sublimity Insurance Company
A.M. Best Co. has upgraded the financial strength rating to A- from B++ and issuer credit rating to “a-” from “bbb+” of Sublimity Insurance Company .
A.M. Best Assigns Rating to Principal Life Insurance Company’s New Commercial Paper Program
A.M. Best Co. has assigned a rating of “AMB-1+” to the newly created $1 billion commercial paper program of Principal Life Insurance Company , a subsidiary of Principal Financial Group, Inc.